Coloplast expects to grow Icelandic acquisition manifold in a few years

Coloplast CEO Kristian Villumsen sees great potential in Icelandic acquisition.

Kerecis uses fish skin for a biological wound care product, and unlike human or mammalian tissue, the risk of transmitting infection to humans is gone, according to Coloplast, and the value chains are more attractive. | Photo: Kerecis / Pr

Coloplast’s latest acquisition, Icelandic Kerecis for DKK 8.9bn (USD 1.3bn), has the potential to increase revenue tenfold from DKK 500m last year within a few years and will thus constitute a significant part of the medtech group.

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